103 State Road

Lehighton, PA 18235

$240,000
Last Sold Price
7
Beds
2,300 Sq. Ft.
$104 / Sq. Ft.
2,300
Sq. Ft.
$104
per Sq. Ft.

Sold & Settled 1/31/25

Sold & Settled 1/31/25

a view of a house with a small space
a car parked in front of a house
a car parked in a garage
a view of a big house with a big yard and large tree
a kitchen with sink a window and cabinets
a bed room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a view of a livingroom with furniture and toys
a living room with furniture and a flat screen tv
a bathroom with a bathtub
a view of a room with rack on the wall
a view of a room with gym equipment
a bedroom with two beds and a window
a kitchen with a stove and a sink
a work place with lots of books and chairs
a view of walk in closet with clothes and shoes
a living room with furniture and wooden floor
a view of hall way with furniture
a room with storage and utility room
a bed sitting in a bedroom next to a window
a kitchen with appliances cabinets and wooden floor
a view of a storage & utility room
a bedroom with a bed and a chair with the wooden floor
a living room with furniture and a window
a room with furniture and a flat screen tv
a kitchen with a sink a stove and cabinets
a bedroom with a bed and dresser
a view of a chairs and table in a backyard
a bathroom with a sink a toilet and a tub
a bathroom with a shower
a bathroom with a toilet sink and mirror
a view of storage and utility room
a view of a room with gym equipment

Description

PRIME OPPORTUNITY to own a well maintained, updated, fully occupied 4-unit investment property on Union Hill in Franklin Township for less than $300K! Set upon Union Hill, this property features 1, 3-bedroom 1-bath unit, 2-bedroom 1-bath unit, and 2, 1-bedroom 1-bath units. All are in great condition! The property offers a huge, wrap-around front porch, 2nd floor porch and incredible views of the Lehigh River and Mahoning Valley! Parking includes a 2-car garage for unit 103, PLUS a 3-car parking...PRIME OPPORTUNITY to own a well maintained, updated, fully occupied 4-unit investment property on Union Hill in Franklin Township for less than $300K! Set upon Union Hill, this property features 1, 3-bedroom 1-bath unit, 2-bedroom 1-bath unit, and 2, 1-bedroom 1-bath units. All are in great condition! The property offers a huge, wrap-around front porch, 2nd floor porch and incredible views of the Lehigh River and Mahoning Valley! Parking includes a 2-car garage for unit 103, PLUS a 3-car parking pad, for other tenants! Garage also includes "landlord storage space" on the main level, and "community" storage space for tenants on the lower level! 3/4 of the occupants are long-term tenants, longest running is 19 years! Landlord pays oil heat, water and sewer, pest control contract, and professional property management. Tenants pay their own electric and hot water. Cap Rate of 7%. Without property management, Cap would be closer to 8%. Great opportunity! See it TODAY!
  1. Listed by Robert V. Ritter III • Weichert Realtors - Allentown

Property Details for 103 State Road

Area
Franklin
Sub division
Not in Development
LISTING UPDATED: 02/10/2025 12:16 PM

Property Details for 103 State Road

StatusSold & Settled
MLS #748902
Days on Market40
Taxes$2,754 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1882
CountyCarbon County

Building Information for 103 State Road

Building/Complex103 State RdFloor-Stories2Residences4Pet Policy-Pet Policy Details-Year Built1882Building Size-

Property Information for 103 State Road

Summary
Location and General Information
  • Directions: Route 248 West, Right on Interchange Rd (Rte 209), Right on Court St, Right on Held St, Right on Union Hill Rd, Right on Circle Dr. House is on the 2nd to right on the far side of Circle Dr facing Route 248 (State Rd)
  • School District: Lehighton
Parking
  • Garage: Detached, Off Street
  • ParkingSpaces: 5
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $493.16
  • Lawn Snow Removal: $1,300
  • Maintenance Repair: $1,300
  • Management: 2717
  • Municipal Taxes: $259.36
  • School Taxes: $2,001.69
  • Total Taxes: $2,754.21
Virtual Tour
Property
Lot Information
  • Acres: 0.16
  • APN: 70E-11-111
  • Zoning Code: R
Property and Assessments
  • County Assessment: $37,935.00
  • Features: Balcony, Storm Doors, Wall-to-Wall Carpet
  • Property SubType Category: Apartment Style
  • Square Footage Source: Other
  • Technology: Cable, Smk Detector Battery
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Amount: 2000
  • Cooling: Ceiling Fans, No Air
  • Electric: 421
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 3684
Interior and Exterior Features
Exterior Features
  • Construction: Vinyl
Interior Features
  • Baths: Semi Modern
  • Heat: $4,325
  • Heat Type: Forced Air, Oil
Multi Family
Multi-Family Information
  • Gross Income: $39,720.00
  • Insurance: $3,449
  • Net Income: $23,695.00
  • Operating Expense: $810
  • Other Expenses: $0
  • Trash Removal: 980
  • Total Unit Count: 4
  • Total Units: 4
Unit 1
  • Unit Total1 Bedroom: 2
Unit 2
  • Unit Total2 Bedrooms: 1
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 103 State Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 103 State Road

Taxable ValueLand$6,600Additions$31,335Total$37,935
Tax Record2024$2,754 ($230 / month)
Home Facts
Beds5Baths1Total Finished SqFt1,579 SqFtAbove Grade Finished SqFt1,579 SqFtStories2Lot Size7,298 SqFtStyleSingle Family ResidenceYear Built1882CountyCARBONAPN70E-11-111

Schools near 103 State Road

This home is within Lehighton Area School District.
Rating
School
Type
Grades
Distance
Shull-David El School
Public - K to 4
Lehighton Area Middle School
Public - 6 to 8
Lehighton Area High School
Public - 9 to 12
Lehighton Area Elementary School
Public - PK to 5
Rating
School
Distance
Shull-David El School
PublicK to 4

Lehighton Area Middle School
Public6 to 8

Lehighton Area High School
Public9 to 12

Lehighton Area Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors - Allentown

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.